Oil extended gains from the highest close in three weeks as Russia’s energy minister said that OPEC and other producers may meet to discuss output. Delegates from the group said no meeting has been planned. ›

British spot gas prices rose on Thursday morning as low imports from Norway and the Netherlands contributed to an undersupplied system, while curve gas prices drew support from the previous day’s gains in the oil market. ›

Crude oil futures dropped around 2 percent on Wednesday, heading back towards $30 a barrel as profit-taking wiped out a chunk of the gains notched up in the previous session on hopes for output cuts. ›

Crude futures dropped below $30 a barrel on Tuesday, extending the previous day’s losses by more than 3 percent, as persistent worries about oversupply and more signs of a Chinese economic slowdown spooked the market. ›